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viktelen [127]
3 years ago
12

Canoe Company's manufacturing accounting system uses direct labor costs to apply overhead to goods in process and finished goods

inventories. Canoe Company's manufacturing costs for the year were: direct labor, $30,000; direct materials, $50,000; and factory overhead applied, $6,000. The plant-wide overhead application rate was:
Business
1 answer:
sasho [114]3 years ago
4 0

Answer:

Estimated manufacturing overhead rate= $0.2 per direct labor dollar

Explanation:

Giving the following information:

Direct labor, $30,000

Factory overhead applied $6,000.

<u>To calculate the predetermined overhead rate, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

6,000= Estimated manufacturing overhead rate*30,000

6,000 / 30,000 = Estimated manufacturing overhead rate

Estimated manufacturing overhead rate= $0.2 per direct labor dollar

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borishaifa [10]

Answer:

Check the following consideration

Explanation:

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7 0
2 years ago
Who lowered interest rates on government bonds in order to create a fund to pay an annual sum to the survivors of the emigres wh
REY [17]

Answer:

Charles X

Explanation:

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5 0
2 years ago
Investigating communication in the workplace by finding optimal ways to set up a communication network system for employees who
andrew11 [14]

Answer:

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Therefore, when the communication is investigated at the workplace through finding the optimal methods which is set up for the communication network system for the employees who telecommute, states the cybernetic method to communication.

4 0
3 years ago
Please help! Show work! Will get brainliest!
Mashcka [7]

if 1500+0.75y+500+g =(g)+(0.75y)+(1500+500) the simplified answer would be

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6 0
3 years ago
XYZ Company has issued 10%, $100 par non-cumulative preferred stock. Two years ago, XYZ omitted its preferred dividend. Last yea
strojnjashka [21]

Answer:

In order to make the distribution to common shareholders, each preferred share must be paid a dividend of:

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3 years ago
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